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the answers. two important people missing from this conversation. >> steve: brand new data. best and worst states for your money. exclusive results are still ahead on this program, mr. kilmeade. >> brian: is the reason you are single because you travel too much. love may be in the air. a new website helping you to find love in the airport. >> steve: stand by. >> brian: "fox and friends" starts right now. ♪ ♪ "fox and friends". >> steve: finally something to do in the airport. >> brian: well, when you are delay if you are single. >> gretchen: i hate to bring it up so early in the morning there are a lot of jokes about hooking occupy airplanes. 92 this is the terminal and on the ground. >> gretchen: in the club. >> steve: it is different. if you ever spent time all by yourself in the airport and you are single this will appeal to you f. you have somebody who travels a lot. why don't they do it at the airport. >> gretchen: if you are married you will hate this dating site, there could be other hook ups with married people. >> brian: i have an admiral pass in my pocket. who is with me. mea
. >> steve: get ready, set, wait, thanksgiving travelers packing the airports at this hour for the busit travel day of the year. we are there live with the very latest on the delays. there -- they are substantial. >> brian: we are saving the twinkie. we have the recipe to make them at home. the home twinkie set america can't get enough of. "fox and friends" starts. action. ♪ "fox and friends". >> alisyn: good morning, we have breaking news for you. there is chaos in the streets of tel aviv after a bomb ripped through a bus near the military headquarters. at this hour at least 10 people are wounded. the conflict in the middle east raging on as violence in israel and gaza enters the eighth day and talks of a cease fire remain up in the hour at this hour. >> steve: peter doocy is live in dick dc. peter -- we'll start with you, first. >> secretary of state hillary clinton is working with both sides here, trying to make a deal. she's been in jerusalem meeting with israeli prime minister netanyahu and in ramallah meeting with palestinian president abbas. everything about the meetings suggest
. >> steve: yesterday, my wife and i went to the mall and i made the observation and we parked the car we are by the second s in sears. >> gretchen: you are one guy. you are the one guy. >> steve: i could be. study is coming up in a minute. >> brian: you are one of the street level guys >> chris: subteryuan. >> you know what is going to happen 9:30 eastern time this is an mazing. ambassador susan rice will face biggest critics on capitol hill face to face. meeting with senator graham and john mccain and our own kelley wright live with more. kelley, this is an amazing development. it is my understanding that she requested the development. >> she did. they talked about since they were did that they were honored to meet with her. susan rice is the front runner for being nominated as the new secretary of state . that could be the reason why. if so she would need to be confirmed by lawmakers. republicans are outraged over the comments rice made in the u.s. consulate in benghazi. that could be problematic. >> initially it was a spontanous reaction to what transspired in carey as a consequence o
dream. welcome to forbes on fox we'll go to mr. steve forbes elizabeth and rick and mike. steve, is this the america you know and love? >> no, david, it is not just immigrants of the country. people here now they are trying to make dependent on the government. that means more votes for them and you center the hidous cartoon. birth to death. corrupting us and the immigrants and got to stop it >> rick, it is it a land of opportunity and hand outs. >> no one is handing it out. >> yes, they are. nit is just information that is available. same example -- information that shows up. anybody here in the table mitt romney, his father when he came here from mexico. he got that exact kind of government aid and he turned out to be president of one of the nation's biggest autocompanis and became governor of the state of the michigan. >> my dear friend rick unger has to be brought up to date. he didn't get them. it is supplement security income and that is it free money from the government. this is in addition to medicaid and to food stamps it is a $1,000 a month you get. it is it a lot of ne
earlier. here's steve. >>> thank you, tara. cloudy skies or mostly cloudy skies. the clouds have lifted. there could be some pockets -- the -- there could be some pockets of it but nothing like yesterday. but kind of a gray day. tomorrow morning we'll have rain. nothing you haven't seen or handled before. it will be a fast-moving system. it will set the stage for what comes in thursday into sunday. the wind will cavel off. could get some gusts 30, 50 miles an hour. thursday, sunday, that's when things get interesting. i think it will start in the north bay and make it to the santa cruz mountains. it's areas of fog and cloudy skies. did see a few clouds. our system is out here. when you start to see him. that's a good sign. if they topple over. this one is not doing that. our rainy forecast begins wednesday. goes into sunday, monday/tuesday, between that wednesday and sunday time frame, windy -- windy pattern. it's going to be a little tricky on the amounts or the totals. one forecast model is unbelievably bullish for rain. the other one is rainy. but still the north bay, look for heavy
'm dave clark. >> and i'm claudine wong in for pam cook. let's check your weather and traffic and steve shaping up to be a nice day. but it is cold. i just need to remind myself. i'm a big baby. >> we do have colder readings out there. some. upper 30s. mid 30s. it will be a sunny and nice day. highs in the 60s. >>> here's a look at 880 near the coliseum. you can see traffic flowing well through oakland there. and up next we have a look at the east shore freeway. you can see traffic on the left hand side there picking up for 6:00 in the morning on a day when most people don't have to work. a lot of people heading out to the sales. >>> happening now the black friday rush is under way in san francisco. and ktvu channel 2 reporter alex savidge is among the crowds there at the westfield mall in san francisco where the doors open just a short time ago. and alex, everyone squeezing into the stores? >> yeah everyone is inside now. things have calmed down a bit from what we showed you earlier when things opened up here. let's take a peek inside here. check out the mall. a lot of folks. they are
weather and traffic. let's go first to steve paulson. >> you know something i don't? that's a good feeling to have. and because the weekend looks good weather if you enjoyed yesterday looks like it carried all the way through today. 30s and 40s will end up with mostly sunny skies. >> a live look at the east shore freeway. you can see traffic the headlights there. no problems to report. and at the san mateo bridge you can see traffic flowing nightly on to foster city. let's head back to the desk. >>> all right happening right now the black friday rush under way in san francisco. let's go out to ktvu channel 2 reporter alex savidge who is at the westfield mall in san francisco. doors just opened right? >> yes the madness under way here. take a look. this is westfield shopping center right on market street in san francisco. they just opened those doors a few seconds ago. the crowd here erupted in a big cheer as the folks from the shopping center opened the doors and they are inside the mall right now. they are heading off to try to find the best deals they can possibly find on this black frid
-- steve jobs working in his career came up with stuff. i did not know that steve jobs was working in that group on the computer. we want to have space for that. we need space for innovation, it is a constant challenge. the power of the conventional is so overwhelming and the convergence is so powerful that to try to innovate is exhausting in government. let me tell you. in spite of that, i am ready for several more years of innovation. i hope you are. i hope california is. [laughter] [applause] >> for this next question, let's pretend that president obama is sitting in this chair. but pretend this is a private room -- let's pretend this is a private room. we need everyone out there to be quiet. if you were here along with the president, what are the two things you would tell him you need to make your state more competitive or all states more competitive? >> i think and i am an unabashed supporter of the president. i do not think all his policies are perfect but he has done a remarkable job of coming into an almost impossible situation in dealing with it as best you can. i can -- w
president is under fire in his own country after what his opponents call a big power grab. steve harrigan has more from cairo. >> yeg, some dramatic developments here in cairo. egypt's president trying to expand his own powers dramatically, saying that any of his presidential decrees issued since he took office six months ago cannot be overturned by anybody, including the courts. and that those previous officials who could be implicated in murdering demonstrators during the revolution a year ago would be retried. as one morsey opponent put it, he is basically putting himself above the having no one to check his powers. we have seen street protests. those protests could grow dramatically with these new announcements by the egyptian president. it comes on the heels of a real diplomatic success in the world spotlight here. president morsey helping to negotiate a cease-fire between israel and hamas. really, making the unusual step of receiving praise from all sides from u.s. officials from hamas, even from some israeli officials for his pragmatism but certainly that imagine that tism in its o
campaign manager steve elmendorf and former gingrich senior adviser david winston. good to see you both. >> good to be here. >> david, something else speaker boehner said moments ago, as you know, congressman tom cole broke with most of the rest of republicans saying, look, we should just take the tax breaks for people making under $250,000 a year and worry about the upper-income folks later. john boehner just said no, he doesn't agree with that. what do you think's going to happen here? >> well, the next couple weeks as we begin to sort of lay out these sort of contrasting positions that the president and the speaker have, look, what the spoker's focused on here is, yes, we obviously need to raise more revenue. there's a disagreement in terms between the president and the speaker in terms of how you do that. the speaker's looking at doing things that he believes will not negatively impact the business community, and he thinks what the president is offering will. and so how they work through and resolve that is obviously going to be central to a deal. but there's clearly at this point a
>> gretchen: we're back with photographer steve shapiro. check out his new book. chevy chase story. you are the godfather to whom? >> actually we're godparents to chevy chase's daughter, sydney, who is in that picture. my wife and i. chevy is incredible in terms of playing the piano. >> steve: we'll talk about that in the after the show show. bill: that is cutting it tight. good morning, everybody. breaking news and facing some of her biggest critics. ambassador susan rice goes to capitol hill this hour where she will meet with republican lawmakers who have been furious with her initial remarks on libyan terror attack. how will this story go? that is our lead morning. i'm bill hemmer. martha: i'm martha maccallum. about five days after our consulate was attacked on september the 11th we all remember ambassador rice went on all five sunday shows and said the killing of the ambassador and three other americans was actually the result of a spontaneous mob sparking outrage, those comments did, from top gop lawmakers including these three senators, mccain, graham and ayotte. >> don't we
and republican strategist steve smith. that's and university of delaware and starts at 8 p.m. eastern. here on c-span2, author mark friedman talks about how more baby boomers are entering into a second careers. he's the author of the big shi shift. that's also at 8 p.m. eastern. >> ahead of the federal communications commission, julius genachowski, spoke yesterday about international telecommunications policy. chairman genachowski's remarks are about one hour. >> good afternoon. thanks for joining the conversation with fcc chairman genachowski. just some quick introductory marks, sort of normal rules of the game them sure you are all familiar with. welcome to our meeting today at the council on foreign relations. plump lately turn off your cell phones, blackberries and all wireless devices to avoid intervention with the sound system and as a reminder, this meeting is on the record. i'm very excited to be here today, this perhaps the most anticipated cfr event as much as the new james bond movie, since we rescheduled a number times but i'm glad that chairman to join us today. just a quick introdu
president morsi's wishes in an effort to restore order. let's begin with steve harrigan streaming live from cairo, protesters in full force in tahrir square, do you have any idea what is next for them? >> reporter: harris, what we are likely to see on sunday and tuesday, are, perhaps, massive street protests, not just by those who want to oust mohamed morsi, who think he's trying to become a dictator but those who support him, who think he is trying to do the right thing to dry and break the logjam and get rid of the old regime, we could see tens of thousands of people marching on the streets of cairo with opposite points of view, really, close problems im to each other. we have seen violence in the protest and could see more in the days to come and one other factor, to keep an eye on, these judges, they say they don't buy the president's decree, the judges across the country are trying to shut down the country's entire judicial system, harris. >> harris: you have so many staring hoeldz in all of this, steve and we are also keeping an eye on the prominent opposition leader, al-faradi. what
security adviser steve hadley. >>> plus a new wave against president morsi. >>> and two indianapolis colts cheerleaders save their hair in support of their coach's fight against leukemia. >>> good day, i'm andrea mitchell live in washington. congress is back. grover norquist's tax pledge could be history. and all eyes are now focusing on house republicans as talks to avoid going over that so-called fiscal cliff are picking up steam. joining me now, mark halperin, senior political analyst for "time" and msnbc and ruth marcus, columnist and editorial writer for the "washington post." to you, mark, what is your read about what we've been hearing the last couple of days about grover norquist, the pledge and how much running room the speaker does have to b negotiating a deal. >> i did a spit take with my fruity pebbles watching "morning joe" because eric cantor's tone was unlike anything i've ever heard. his office is saying oh, no, he's against raising marginal rates, but it's clear that in the scheme of things, the biggest piece is does john boehner have enough running room to strike a deal i
. and coming in for berkeley looking good as you make your way toward the mcarthur maze here's steve. >>> low 50s, for others it's cold, upper 30s. gilroy 39, upper 30s around concord and livermore but a beautiful shot of the golden gate bridge, a few high clouds drifting down from the north, patchy fog as well. north and east bay. some of the visibility can be awful. once it burns off, it will be a hazy day. it's a dry forecast probably until next wednesday night, then looks like rain coming in next week. not today. some of the higher clouds, susanville, redding, red bluff and a couple make it down here. fairfield, napa, and san jose is at 41. redwood city 41. the jet stream is up to the north and it's going to stay there a while. after that patchy fog burns off, that will probably be it being the fog on the increase as we go into the weekend, but 60s, low toe mid-days very short but with an easterly breeze. more in ten minutes. >>> 7:37, we've been telling you since 4:30 this morning, people are up. the malls are packed on this busy shopping day. however, some of the store workers are sendi
will flare up. steve? >> reporter: the number of those tents put up by protestors has grown. they are intent to stay there throughout the week but the number of protestors on the street has declined dramatically over the last 24 hours. on late friday there were up to 40,000 people on the square. the protests did turn violent here in cairo and other cities. buildings torched. police cars torched. a lot of tear gas and pepper spray in the shutdowns between protestors and security forces. and morsi and the top justices. many chief justices here in cairo and across the country they will no longer to go work until the president repeals his decrease for a power grab. we're seen what could be a show down on the streets. that is when supporters on tuesday and saying that he is trying to be a dictator will face off. both opponents and supporters of the president hauling out people and major marches expected on tuesday. >> heather: steve, thank you. >> gregg: contest in the background on egypt's president morsi. he was elected in june of this year after a revolution overthrowing president hosni mubara
is testing same-day package delivery for this holiday season. steve centanni is live in washington with more. >> reporter: hi, rick. yeah, this program begins december 12th in san francisco only, but it will spread to other cities including new york and boston. delivering packages up to 25 pounds on the same day within a given metropolitan area, not long distances. the post office would pick up the parcels at participating retailers who get online orders, then deliver it right to the customer's home within five hours or less. it's an effort to build on the growth in package volume at the post office even as other first class and standard mail continue declining because so many people are now using e-mail. a post office spokesman told us today metro post, as they call this new service, is designed to improve the shopping experience for customers in participating e-commerce sites by offering same-day delivery in the metro area. the postal service already has the infrastructure in place to deliver this premium service which is part of our focus to continue to grow our package delivery business.
is heading back out onto the trail. he does know he won, right? >> i'm steve kornacki. for me of us it's home for the holidays. you get a rare chance to see old friends and distant relatives. the bad news is you get a chance to see old friends and distant relatives. >> i'm making a pledge to my friend grover norquist. you're in "the cycle," and you have my word it's going to be good. >>> the case against ambassador susan rice as a successor to hillary clinton deepens. she went to the hill today to smooth it over with senators mccain, ayotte and graham who criticized her original comments on the deadly benghazi attacks. i picture the conversation between the president and rice going like this. we want you as secretary of state, so go make nice. answer their questions so they stop attacking you and threatening to block your possible nomination. yeah, so how did that work out? >> we are significantly troubled by many of the answers that we got and some that we didn't get. it is clear that the information that she gave the american public was incorrect. >> bottom line, i'm more disturbed now than
-packard or steve jobs. the seats we plant brings the vast forests of new products and new technologies and new patents in the future. that is where we have to -- we have to keep our eye on the main thought here. that is the discipline, the imagination, and the investment. that is what makes california -- that is why people are still coming here. they're not staying in colorado, i am sorry to say. they're right here. [applause] >> just briefly, setting aside plunder for a moment. >> i am sorry about plunder. it is a big part of wealth creation. >> could you talk briefly about your turn initiative? >> it is going well. mike rossi is leading the charge. i have met with what i think will be the next president of china. we have delegations from china to come here. we're sending delegations there. this is not just business as usual. we're getting detailed committees and proposals, a couple of the key states. we want good coming this way. we want good going out way. -- goods coming this way and we want goods going out that way. >> are you doing anything like that? >> we have been working on the north
2016. joining me is director of the film steve banan and president of judicial watch and film's producer. tom finten. >> explain what we saw in that clip? >> i wanted to make a film, i think washington is an imperial city. it's been detached from the american people. i wanted to show how it happened. how this corruption, how this happened over the last 20 years and particularly how it's culminated in the obama administration. every administration runs to be the most transparent administration. >> sean: they are full of it? >> clinton and bush and obama, each time they run because the american people want transparency and open and a government that is not in their lives eesmt one gets more power to themselves. that is why using the judicial watch david versus goliath, a small organization that is as tough as nails, confronting administration and taking the best of young talent. the town halls and breitbarts and mike flints and tell the whole story and end with the obama administration that concentrates what they have done. when you see it altogether you are shocked. >> we start
and a couple of love letters to me? >> okay. >> stephanie: this one from steven. someone named steve. greetings, surprising one. >> what? >> stephanie: okay. i have zero idea what you look like and was gladly surprised to see you're not a buttless old jug. at this point in my life, that passes as a compliment. >> at least you're not a buttless old jug. >> stephanie: okay. you are truly beautiful. wish your show was carried on one of the local stations in my area. good luck because there's no market for this sort of thing. not really sure what this means or whether i'm supposed to read it. please send me a picture of your scrunch. steven. >> what does that mean? >> stephanie: maybe. >> is that something you can't say on the air? >> stephanie: i don't know. some of the kids might call me. send me a picture of your scrunch. >> i think it means something filthy. >> stephanie: i've never heard that. >> i haven't either. >> stephanie: a scrunchy is a hair tie. >> he didn't say scrunchy. he said scrunch. which
. the california voters have already spoken. today steve cohen, friend of our show, democrat from tennessee the first district there said this in "the washington post" in an op eth. we ask that your departments take no enforcement action against anyone who acts in compliance with the laws of colorado, washington and any other states that choose to regulate access to marijuana for medicinal or personal use. it is not just the elected officials or the liberals. you have people who were in law enforcement, law enforcement against prohibition. this is the leap letter. after 40 years of the drug war people no longer look upon law enforcement as heroes but as people to be feared. this is particularly true in poor neighborhoods and those people of color and -- and those of people of color and it impacts our ability to fight real crime. i'm joined with michael tricia, ana and we invite a criminal defense. sara, what happens? how does this work if there's a federal -- one federal law but the state makes up a law in colorado, the peop
. the gamecocks beat 12th-rank tigers between back- up quarterback thompson's passes. steve spurrier becomes south carolina's winningest coach. >>> oklahoma quarterback landry jones threw for 500 yearses today against oklahoma state, but the sooners need this touchdown by blake bell with 4 seconds left in regulation to force overtime for the first time in this long rivalry. the sooners come back and win it with an 18-yard touchdown brandon clay. sooners win the bedlam bowl for the 83rd time in 107 meetings. >>> the warriors didn't have much time to ponder the embarrassing loss in denver. tonight they were back home to host minnesota. they trailed the timberwolves. lee turns that into a 3-point play. i'm not playing horse with that guy. 17 for lee. minnesota stayed ahead thanks to golden state's turnovers. here it comes the dunk of the week by harrison barnes. curry to barnes and this guy can fry. warriors outscore minnesota in the 4th quarter. stephen curry scores 20. warriors win, 96-85. klay morning to led golden state with 21 points. >>> stanford's men's basketball team finished off a tough roa
administration's story. stay with us. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> breaking news tonight on the libya mess. a new allegation that the obama administration still cannot get its story straight after so much time, even as recently as this morning. ironically, this latest charge flows directly out of an attempt at damage control. u.n. ambassador susan rice's trip to capitol hill, she and the acting cia director, michael morell, meeting with republican senators john mccain, kelly ayotte and lindsay graham, who were not pleased with what they heard. >> it is clear that the information she gave the american people was incorrect when she said it was a spontaneous demonstration
, though, it's not enough to satisfy the concerns of his critics. steve harrigan streaming live for us from cairo right now. steve? >> reporter: jon, these are the biggest and the largest anti-presidential crowds we've seen, and they're still pouring in by the thousands. we can hear them chanting behind us, we want the regime to leave. these protests are a mix of different kinds of political parties, some of whom are secularists, others national i'm sorries, a real mix of young and old too. they seem to be united by an anger, the president gave himself the ability to issue acts that can't be reviewed by the courts. the president himself met a show of compromise yesterday, he met with some of his critics here in cairo. he said his powers were only temporary, and they would only apply to matters of national sovereignty, but that has not been enough for the critics or the protesters. they're streaming in here, really a show of force by those opposed to the president. muhammad morsi has a tremendous amount of popular support as well, the muslim brotherhood canceled its march today, they were af
will be steve collins, the impresario of washington ideas. >> a thank you. >> thank you all for joining us. armed washington editor at large at "the atlantic." howant to chtell you amazing this is. this is one of three times that they have allowed an outside group, the other happening to be president of the united states and onetime madeleine albright coming in to do with teleconference. this is the third time they have opened this upper for a during the day session. this is a great partnership and i want to think the museum for doing this. i have got a friend hear some more. he was the founder of circuit city and he has just written a book called the rise and fall of circuit city. to some degree, they are uncomfortable truth is when you think about nations, companies. of there certainly rise and fall stories. political campaigns are really lousy times to think about the hard truth of what is happening. one of the hard truth about our panel is that we are five white guys. we try to figure out how to divvy this up. we're four tall guys and dog. we are very aware of this. for all of you to e
a difficult time drawing the line completely to him, to steve: as a culprit in these. >> my view is it is the indispensable witness. charlie: the latest portfolio manager charged in this insider trading. >> he will be indicted. he is the means to the end. he is only person who can link the knowledge that came from doctor gilman with cohen and say he knew it came from cheating. so far, a number of people at sac have been criminally prosecuted and some have pled guilty. this is the one location in which the government thinks -- charlie: because matthew thoma gave the information that was inside information to mr. cohen, not labeling it necessarily. let's just say he does not turn off as a witness, is the endgame, listen, we know this is a culture that has no compliance. we want to shut them down and here is how we are going to do it. the control person does not know what they are doing. it is a hedge fund out of control. i think the similar route is not going after mr. cohen. but revoking their brokerage license of sac capital. at that point, you probably would cause the other inve
. steve, lesley, scott, so many people who have poured their lives and careers into this because we all believe in it. producers who have been there for years. we have a huge number of people. allison hired half of them. i will give you her phone number. [laughter] there is a huge number of young people who really wanted to be part of it because they were driven to participate in that kind of a place. there is a long line of people who want to work at "60 minutes." so, we believe in it. sometimes, you have to put it all in a line. if you believe in it. it is going well. if it is not going well, that is the responsibility i feel i have. we need to do well. we need to make sure we tell our stories well. we need to make sure it is interesting so captivate the audience. you will like it. they get used to it. that is how you get people talking about your broadcast and come back for more. >> hello. how are you? >> good. >> i am a freshman. you take out the fluff. what is the effect of that on a national level? how do you think your show has affected individuals, both nationally and worldwide?
for good measure. i need to see that movie again. >> john candy, steve martin. those aren't pillows. that is a classic scene. >>> and as americans venture out to give thanks, we are reminded this is still a nation on alert. the fbi says it has busted a terrorism plot created by four men from southern california. but the man who inspired their deadly intentions can't be stopped. >> also this morning, it's beginning to look ♪ a lot like christmas >> okay. we're not going to do a duet anytime soon. beginning to look a lot like christmas in the aisles of your local supermarket. retailers are hoping the look will prompt shoppers to fill their carts. it's what's inside that fancy packaging that may be less than festive. >> hmm, good tease, ferris. >>> new details in the search for a cease-fire in the middle east. secretary of state hillary clinton meets with president abbas and egyptian leaders in cairo as violence rages. >> at least 200 rockets were launched into israel from gaza yesterday. five israelis and more than 130 palestinians have been killed as this conflict enters the eighth
of that stashed the letter asks them to go lynen to choose a different piece for there and steve mills. >> the fate of twinkies have been in the new. this man is putting twinkies and his turkey. it >> what you get when you combine a turkey with a bunch of twinkies. i am serious. your mother's told to put twinkies and a turkey? >> it is not what you say. she did not sub. is up but circuit. but because he did not like turkey and he did like twinkies his mother stated that she would- >> here is a recipe. the cream your twinkie. >> rub the turkey with the cream from a 20 and this will give your turkey a creamy glaze. you should crumble the rest of the 24- stashed they added about 10 twinkies. >> if they were old '20s it would be different. you should cook the bird and the presentation took place at kennedy's restaurant. it was time for the turkey 20 taste tests. >> i do not taste and a 20. >> it, and this is hard to det >> once you have survived twinkies hot dog buns drizzle with cheese whiz. what is a little bit of twinkies. >> we will be right back as kron 4 news continues. >> in legal
on them and they are well prepared to handle this and founder of the firm, steve cohen, is personally responsible for this. cohen said he was present at the beginning of the call and turned it over to his president and said we take these matters seriously and i'm confident that i acted appropriately. nonetheless, you guys, this is definitely a difficult chapter for them because you have a situation in which cohen has been implicated in the events with former trader mathew martoma because he partook in discussions but now the firm they founded in 1992 may be charged on a corporate level. >> kate, you know, another firm -- i think this could be in some ways we've seen it almost a death blow. outside investors even just with the wells notice can often times pull their money. as we pointed out many times, $9 billion of what i've told is 15 billion overall in assets at s.a.c. is either mr. cohen or that of his employees. even if you were to pull out, it remains a huge hedge fund. their investor base is toughened at this point as well. >> those are fair points. there seems to be a growing l
point that steve rattner made over the weekend which is all the guys and the women i know on wall street, none of them have ever become less energetic, less workaholics because of the capital gains rate at 25%. >> or 39.6%. >> hey, can i ask you about that, because -- help me understand this. we have a lot of people talking about how we need to 0 raise more taxes. >> sure. >> and i hear -- i hear the president talking about moving the top tax rate up to 39.6%. and i'm just wondering, is that as equitable an approach when a lot of really rich guys and women look at that 39.6%? right now i'm never going to pay that. >> yeah. >> would it be better to raise the capital-gains tax and say 15 to 20 or 15 to 25 percent would that help with income disparity a bit more? >> well, that's why i suggest a minimum tax, because you're absolutely right. of the 400 highest incomes in 2009, which average $200 million apiece, a quarter of the people paid at a rate under you 15%. so the only way to get it back is to have a minimum tax. >> how many of those would you bet, if you had to make a bet, paid 39.6%?
, 2012. i hereby appoint the honorable steve womack to act as speaker pro tempore on this day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: the prayer will be offered by our chaplain, father conroy. chaplain conroy: let us pray. gracious god, we give you thanks for giving us another day. you have blessed us with all good gifts and this past week with grateful hearts we gathered with family and loved ones throughout this great land to celebrate our blessings together. bless the newly elected members of the 113th copping who resume their orientation on capitol hill. give them call and confidence as they prepare for a new role as servants of our nation's citizens. bless the members of the people's house who have been entrusted with the privilege to serve our nation, all americans in their need. grant them to work together in respect and affection and to be faithful in the responsibilities they have been given. at the end of the 112th congress approaches and much is left to be done, bestow upon them all the gifts of wisdom and discernment that
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